Arab Finance: The Central Bank of Egypt’s (CBE) Monetary Policy Committee (MPC) kept its overnight deposit and lending rates at 19% and 20%, respectively, after assessing recent inflation trends, forecasts, and risks to the inflation outlook, the CBE stated.
The rate on the CBE’s main operation and the discount rate also remained unchanged at 19.5% each.
The decision marks the fifth consecutive month that the CBE has kept interest rates steady. The central bank has cut rates only once in 2026, during its February meeting.
